Ethereum jumped about 13% after Jerome Powell's Jackson Hole comments hinted at possible rate relief in September. Lower interest rates generally lift risk assets because cheaper capital encourages more speculative trades. Investors should expect turbulence, but Ethereum has a bright long-term future.

Ethereum hits $4,869 for the first time since 2021 as Powell signals possible Fed rate cuts, lifting Bitcoin and altcoins.

Ethereum treasuries soar on dovish Fed signals, Bitcoin ETFs lose $1B, and Figure Technologies files for its IPO.

Bitcoin and other cryptocurrencies were rising Friday as traders welcomed Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Economic Symposium. Ethereum led the charge higher, jumping by double digits.

Arthur Hayes discusses his Ethereum price prediction, suggesting a retest of $4,000 if Powell delivers hawkish remarks at Jackson Hole.

Fed Chair Jerome Powell’s dovish Jackson Hole remarks boosted Wall Street optimism, with Tom Lee forecasting an S&P 500 rally, tech and crypto gains, and Ethereum’s central role in future financial innovation.

Ethereum trades at $4,211 after its strongest quarterly returns since 2021, with traders watching $4,500 liquidity for the next move.

Federal Reserve Chair Jerome Powell has signaled openness to potential interest rate cuts in September, fueling bullish momentum in crypto markets.